Total Cost of Finance Management as a Percentage of Revenue

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The changing responsibilities of CFOs have transformed the position from one traditionally charged with keeping the company legal, allocating financial resources and measuring how well shareholder capital is used to a central figure now concerned with disciplined growth, strategic planning and strategic investments. Strategy work aside, CFOs are still expected to do more with less; in other words, automate on the cheap, move more work into shared services centers, cut headcount whenever possible and drive down the cost of financial operations.